₦airaland Forum

It seems some people have leaked out the Reports of Dangote Sugar and NGX Group.

SonofElElyonRet:
Replace bolded with "government"

Businesses create value, build wealth, abhor wastages, solve problems and provide solutions, individuals, organizations, government etc should think like businesses in order to ensure prosperity

The bull is crazy Aradel is almost touching 1k ,

Everything is flying even dead stocks, crazy

essentialone:
It seems some people have leaked out the Reports of Dangote Sugar and NGX Group.

NGXGROUP is officially @116.25 ....+10%
DANGSUGAR full bid @75.15! 😳

Oga CP don show.....😁
Compliment and Happy New Year Sir. 🎉

emmanuelewumi:
I said it is not an academic exercise if the aim is to build a long term sustainable wealth and value through business or investment

Of course, Pa Emma is right. With age, you will see the wisdom in these words. To ignore this is to gamble. Because some embrace such, the word gambler has been reserved for them. Sometimes you win big and if you lose, you lose big too. No fund manager would dare gamble. The maths must add up or else it's a no-deal. Always better safe than sorry.

emmanuelewumi:
Businesses create value, build wealth, abhor wastages, solve problems and provide solutions, individuals, organizations, government etc should think like businesses in order to ensure prosperity

Priority of government is welfare and security of citizens please! Do you know that western and Arab countries give subsidy on certain items/services? Welfare first

https://moneycentral.com.ng/exclusive/article/access-banks-n245bn-bidvest-takeover-fails-on-poor-credit-profile-as-south-africa-ambitions-unravel/



So access bank even have poor credit profile.

KarlTom:
The ''mighty' USofA is heavily indebted (about $38tn)...

I laugh in tongues. So you are comparing yourselves with USA abi?

KarlTom:
The ''mighty' USofA is heavily indebted (about $38tn)...

Yeah, I agree.
But USA is a unique case, not a very good example of sovereign debts. They have the singular privilege of the debt being denominated in their national currency. So they do not necessarily have to produce and export before they can repay. They can virtually decide to print the dollars and use it to pay their debts. (theoretically speaking, quantitative easing).
So no country should ''farawe'' or do follow follow with US on foreign debts

Agbalowomeri:
Seems you don't understand that the level of your foreign reserves correlates well with the standard of living that you are advocating for. Why do you think the economy is stabilising

I'm talking welfare of citizens you are talking statistics.. anyway make we move on to other matters. No agreement in sight

Sugar on the beat

Please is dangote sugar really on full bid, or their is a problem with morgan capital platform.

nosa2:
This message will not age well.

Sugar full bid this morning is already doing justice to the message

Follow The Money

emmanuelewumi:
Really, @ numbers are merely academic exercise?


Numbers are not merely academic exercise in business and investment if you want to build a long term sustainable value and wealth through business or investment

You misconstrued my message, I'm a number person , I will be the last person to call number a mere academic exercise

My point is , some things transcends the present numbers you are seeing and I listed some of those things. I made an example of Ellahlakes , and I said if we're to be judging by present day numbers, Ellah will be in negative

To rest this matter, I know things most people don't know about Sugar and if you believe solely on present day numbers, you will only miss an opportunity

Today's Sugar full bid means something. I will say less

This is not a buy recommendation for anyone.

I rest my case

emmaodet:
If they don't have market maker, then how is the price fluctuation been managed?

There's no stock without Market Maker.....
NGXGROUP cannot contradict its own rule.

Meanwhile, ARADEL touched N1000.....
Currently @990
No official movement up yet...

Giving Oandites more hope.....😁

SonofElElyonRet:
Priority of government is welfare and security of citizens please! Do you know that western and Arab countries give subsidy on certain items/services? Welfare first

Do you know the number of people that businesses create employment and business opportunities to? Eg employees, contractors, suppliers and other service providers.


Do you know that they also have a budget for Corporate and Social Responsibilities.


It is when a country is well managed that they can have the surplus to provide subsidies to the less privileged

HesInMe:
Are you still in 100% cash?

Fixed deposit

Shalom428:
You misconstrued my message, I'm a number person , I will be the last person to call number a mere academic exercise

My point is , some things transcends the present numbers you are seeing and I listed some of those things. I made an example of Ellahlakes , and I said if we're to be judging by present day numbers, Ellah will be in negative

To rest this matter, I know things most people don't know about Sugar and if you believe solely on present day numbers, you will only miss an opportunity

Today's Sugar full bid means something. I will say less

This is not a buy recommendation for anyone.

I rest my case

I am talking about sustainability not a one off thing that will go back to status quo within few years, in the next 10 years do you think a company whose stock price appreciation is not backed by numbers will continue to sustain their elevated share price?

What are normal people still buying in this market? With everything seriously bid up so fast, I've run out of ideas.

Do you realize that [economically speaking] most of what DJT is clamouring for is reduction in debt?

@the bolded, I
Anyway, I am not an economist, so I humbly rest my case...

mikeapollo:
Yeah, I agree.
But USA is a unique case, not a very good example of sovereign debts. They have the singular privilege of the debt being denominated in their national currency. So they do not necessarily have to produce and export before they can repay. They can virtually decide to print the dollars and use it to pay their debts. (theoretically speaking, quantitative easing).
So no country should ''farawe'' or do follow follow with US on foreign debts

Access Bank currently N24.7

Mpeace:
Na to look for another bank to buy. No dulling, No time to check time.
The Acquisition must continue, to ...ell with share holders.

No be only you. I wonder aloud and keep my cash in my account. Dangote Refinery loading...

HesInMe:
What are normal people still buying in this market? With everything seriously bid up so fast, I've run out of ideas.

emmanuelewumi:
I am talking about sustainability not a one off thing that will go back to status quo within few years, in the next 10 years do you think a company whose stock price appreciation is not backed by numbers will continue to sustain their elevated share price?

Maybe you should read my original message again, I never disagreed with Osita's message, I even commended it. I only stated that numbers alone don't drive SP on NGX

The core of my point is , the present day metrics is not the only factor that drives SP on NGX . The sugar in question is presently on FULL BID . If we were to go by the metrics, it ought to be on full offer like TOTAL or GEREGU

Sustainability is another thing entirely. I re-affirm the present day metrics alone do not drive SP on NGX. My 12 months projection for Sugar still holds - N120 and NASCON - 200.

We collect the bag first and worry about sustainability later.

Again, it is not a buy recommendation.

HesInMe:
What are normal people still buying in this market? With everything seriously bid up so fast, I've run out of ideas.

True that.

The key is to identify the rally before it starts or join at the beginning.

Once the rally has gone far, please wait for a pullback or correction. Otherwise, you’ll be FOMOing.

Cheers!

Iskalamong!

.

.

KarlTom:
Do you realize that [economically speaking] most of what DJT is clamouring for is reduction in debt?

@the bolded, I
Anyway, I am not an economist, so I humbly rest my case...

DJT wants US to be dominant and inward looking in all spheres. And he doesnt want US resources to be used to aid and develop other countries to achieve greatness. The debt is secondary.

Anyway, you have your points

HesInMe:
What are normal people still buying in this market? With everything seriously bid up so fast, I've run out of ideas.

You underestimate the power of optimism

According to Lynch, more money have been lost waiting for market correction than the bear market or correction itself...

Meanwhile see NGXGROUP i was projecting 200 in years to come say 5 years.. where e de run go like this.

mikeapollo:
Agba!!!
Positivity galore for the economy!
But when it gets to NGX, you tighten your face. Hope you are also positive that NGX go blow this year and Access and other stocks go hit 100%

Really? I think there is still value in some names

HesInMe:
What are normal people still buying in this market? With everything seriously bid up so fast, I've run out of ideas.

I think the bolded is rallying because of the proposed Dangote Refinery listing

essentialone:
It seems some people have leaked out the Reports of Dangote Sugar and NGX Group.

Give me expo abeg. Aside from MTNN. I have some from the mid-400s already.

Sunrisepebble:
Really? I think there is still value in some names